The Ghana Gold Board (GoldBod) and the Ghana Commodity Exchange (GCX) have initiated discussions aimed at promoting gold trading on the GCX platform, in a move expected to expand access to gold ownership and investment opportunities for in and institutions.
The collaboration seeks to explore innovative gold trading models, including tokenisation and Exchange-Traded Funds (ETFs), to create new avenues for investment and wealth creation.
The initiative will formalise and modernize gold trading in Ghana, while positioning Ghana as a key player in structured gold markets across Africa.
GoldBod has also begun similar engagements with the Securities and Exchange Commission (SEC) to ensure that the frameworks for gold investment instruments meet regulatory and investor protection standards.
The Board has assured that it will update the public once the discussions are finalised.
The partnership represents a strategic step in Ghana’s efforts to leverage its gold resources more effectively, offering Ghanaians innovative and transparent ways to invest in the nation’s most valuable mineral.
Source Myjoyonline